Category Archives: Manufacturing
Brisk 5.9 percent growth in Q4 will likely fade
JEANNINE AVERSA, AP Economics Writer
WASHINGTON – The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn’t expected to carry over into this year.
The fresh reading on the nation’s economic standing, released by the Commerce Department on Friday, was better than the [...]
10 Job Sectors in Decline
10 Job Sectors in Decline
What to Do If Your Industry Is on the Way Out
by Margaret Steen, for Yahoo! HotJobs
People in almost every profession may feel like jobs are scarce right now. For many industries, this is a temporary situation. But jobs in some fields are expected to continue disappearing even after the economy picks [...]
Chip Makers, the Next Battle Is in Smartphones
by Ashlee Vance
The semiconductor industry has long been a game for titans.
More from NYTimes.com:
• Skype in a Struggle to Be Heard on Mobile Phones
• Microsoft Starts Over in Phone Software
The going rate for a state-of-the-art chip factory is about $3 billion. The plants typically take years to build. And the microscopic size of chip circuitry [...]
Intel, VC firms to invest $3.5B in US companies
WASHINGTON – Intel and 24 venture-capital firms are planning to invest $3.5 billion over the next two years on U.S.-based technology companies to help create new jobs.
Intel Corp.’s CEO, Paul Otellini, announced the “Invest in America Alliance” in a speech Tuesday in Washington.
The program will target areas such as clean technology, information technology and biotechnology. [...]
Manufacturing sector making a comeback
The long-battered U.S. manufacturing sector is showing surprising signs of strength and many experts think it has relatively bright prospects for at least the next several years.
Improved productivity, the global economic recovery and a lower value of the dollar have lifted exports of goods 24% since April. January was the first month in three years [...]
Wholesale Prices Rise Twice As Much As Expected
Wholesale prices shot up at double the expected pace in January, propelled higher by big increases in energy costs. The surprisingly large jump was viewed as a temporary blip and not the start of inflation problems, however.
The Labor Department said Thursday that wholesale prices rose 1.4 percent last month, reflecting higher costs for gasoline and [...]
Made in USA-Certified Ribbon Cutting: Announces New Jobs in Delray Beach, FL- Putting America Back to Work
February 12, 2010 02:16 PM Eastern Time
DELRAY BEACH, Fla.–(BUSINESS WIRE)–Made in USA-Certified, Inc. (www.usa-c.com) had their Ribbon Cutting and Grand Opening celebration for their new expanded office space and call center in downtown Delray Beach, Florida [...]
Obama’s Math: More Exports Equals More Jobs
By DIANA RANSOM
Is President Obama’s plan to increase exports the booster small businesses need?
On Thursday, U.S. Commerce Secretary Gary Locke revealed details about the president’s plan for doubling the nation’s exports in five years. The plan, known as the National Export Initiative or NEI, could support two million jobs, according to the president. Although many [...]
Radical Shifts Take Hold in U.S. Manufacturing
By MARK WHITEHOUSE
America’s industrial base is undergoing its most radical restructuring in decades as manufacturers rethink their businesses in the wake of the recession.
From Dow Chemical Co. to Intel Corp., iconic companies are telling stories of wrenching change—both contraction and recovery—as they report their earnings for 2009.
Dow Chemical said Tuesday it is aiming to [...]
Senator seeks information on tech firms in China
By JOELLE TESSLER, AP Technology Writer Joelle Tessler, Ap Technology Writer Tue Feb 2, 9:45 pm ET
WASHINGTON – A top Senate Democrat is asking 30 leading technology, Internet and communications companies to provide detailed descriptions of their operations [...]